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Japan To Pass Bill For Special Economic Zones To Boost Foreign Investment And Consumer Confidence

This article was originally published in PharmAsia News

Executive Summary

TOKYO - Japan's Diet will pass legislation June 20 to create special economic zones in Northern Japan as part of the reconstruction effort from the March 11 earthquake and ensuing tsunami and nuclear crisis. While the specifics for the economic zones have yet to be settled, it is expected that substantial tax breaks will be included in the incentives to encourage reconstruction and foreign investment

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